Foxconn Stock Hits Day Low of CNY 59.25 Amid Price Pressure
Foxconn Industrial Internet Co., Ltd. saw a notable decline in its stock price, contrasting with the minor drop in the China Shanghai Composite. Despite recent setbacks, the company has demonstrated strong long-term growth, with significant increases in stock value over the past year and three years, alongside a solid market capitalization.
Foxconn Industrial Internet Co., Ltd. experienced a significant decline today, with its stock price dropping by 10.07% to reach an intraday low of CNY 59.25. This performance stands in contrast to the China Shanghai Composite, which saw a modest decrease of 0.19% on the same day.Over the past week, Foxconn's stock has decreased by 9.53%, while its monthly performance reflects a decline of 3.52%. However, the company has shown remarkable resilience over the longer term, boasting a 142.86% increase in stock value over the past year and an impressive 177.77% year-to-date performance. In the last three years, Foxconn's stock has surged by 615.21%, significantly outperforming the China Shanghai Composite.
Despite the recent downturn, Foxconn maintains a solid market position with a market capitalization of CNY 1,405,478 million. The company has a return on equity of 17.52% and a price-to-book ratio of 9.27, indicating a fair valuation. Additionally, it offers a dividend yield of 0.90%, reflecting its commitment to returning value to shareholders.
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